The Good Times..they Are a Comin'

[Kojak 10]

Quite recently there was a very informative piece by Marc Andreesen, the founder of Netscape on the increasing dominance of software - Why Software Is Eating The World . Its a stunning article . And then Steve Jobs and Dennis Richie depart.

 

It is the time of the Tea Party folks and even grimmer Occupy Wall Street and these techie giants seem to have departed when everything around looks so bleak, when they were most needed. But take a look at it from another perspective and things are no longer bleak. The foundation these and other techie giants laid, opens up a whole new world.This is an interview with Carlota Perez, an economist working in the area of Technology among other things on the emerging new opportunities.

A very interesting interview.

 

A world of new opportunities, in every sphere is emerging. Even trading, though it is not explicitly stated in the interview below. My query is : In trading what are the contours of the new opportunities?

Edited October 14, 2011 by Kojak

[Kojak 10]

Am surprised that there was no response whatsoever on I consider and epochal interview. Maybe I was going a bit too ahead and have introduced it by first asking people to see this presentation first:

 

THE DIRECTION OF INNOVATION AFTER THE FINANCIAL COLLAPSE, ICT for green growth and global development .

 

My question still remains the same. What are the ramifications on us traders?

 

Jose Kollamkulam, Chennai, India

[Kojak 10]

..and the ramification is just this..along with the Tea Party and Occupy Wall Street revolutions, there is also a full fledged Technological revolution on, with ramifications on everyone everywhere. Traders incuded, even for us in the emerging economies.

 

But on this site we are primarily interested in what happens to traders. Occupy Wall Street could have negative ramifications for traders across the world. Can it be offset by the positive spin-offs from the emerging Technological Revolution? I think so and in these ways:

 

1. The acceleration of technological change will increase volatility of cash flows to companies. Volatile cash flows imply volatile prices for the foreseeable future. The only way of addressing this, or actually seizing the opportunity emerging from this through sophisticated automatic trading systems - the algos. Which are the Algos?

 

2. Trading opportunities are now global. I trade the Indian Nifty Futures. The largest trading in Single Stock Futures happen in the National Stock Exchange of India. If ever there was a ban on trading in any country you could trade elsewhere quite easily. Which are the Exchanges? What instruments?

 

3. The emergence of the virtual trading organisation (now I will expect people to inquire about the stuff that I am smoking now :doh: ). The technological base has been set for thr re-emergence of the small artisan like trading set-ups, based on technology. This has happened in the pharmaceutical sector where the majority of the innovations actually emerges from the smaller companies. Methins we are on the verge of seeing something similar happen in trading.

 

Au revoir,

 

Jose Kollamkulam, Chennai, India

[Kojak 10]

..and which sectors..?

 

Khosla Increasing Clean Technology Bet With $1.05 Billion Fund

 

....the times they have changed?

 

J

[Lotus 10]

Am surprised that there was no response whatsoever on I consider and epochal interview. Maybe I was going a bit too ahead and have introduced it by first asking people to see this presentation first:

 

THE DIRECTION OF INNOVATION AFTER THE FINANCIAL COLLAPSE, ICT for green growth and global development .

 

My question still remains the same. What are the ramifications on us traders?

 

Jose Kollamkulam, Chennai, India

 

Thank you for sharing the interview.

 

Specifically......what are the ramifications on us as traders. It certainly opened up my perspective as to what to consider in looking ahead at what future markets to trade. In the early 90's I was exposed to the future architecture of the Internet would be....and cloud computing was the last "block" to be laid. The interviewee, suggests we are now moving into the implemention state of this new technology.....and what it all has to offer. So, when considering future markets to trade...this will certainly be one of my considerations.